A rare multifamily investment opportunity near downtown San Antonio in a gated community. The completed development includes 8 duplex buildings with 16 units, with approval for 6 additional buildings and 12 more units, subject to buyer verification. Each three-story unit offers 3 bedrooms, 2.5 bathrooms, and a 1-car garage. Each unit is separately metered for electricity. The second floor features open-concept living and a kitchen with modern white cabinetry, quartz countertops, and stainless-steel appliances. Two bedrooms and two full bathrooms are located on the top floor. The ground-floor bedroom and half bath have a separate private entrance, offering flexible space for a home office, studio, or other use with separation from the main living area. The seller prefers to sell the entire project to one buyer but will consider smaller groups. A compelling opportunity for an investor seeking to expand a portfolio or evaluating a 1031 exchange. This listed price is for 8 units of the 16 units available.
Features
24 bedrooms
16 bathrooms
10688 sq. ft. floor area
crop_free0.91 ac. lot size
cottageMulti-Family
Property history for 1502 S Walters
2021
Sold
Undisclosed
12 Mar 2021 by Allison B Pflaum, of Keller Williams Realty
2016
Sold
Undisclosed
19 May 2016
Happy sellers in San Antonio
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Local market activity for 24 bedroom multi families in San Antonio
Sold
For Sale
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